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Globalisation

By:   •  Essay  •  299 Words  •  March 17, 2010  •  679 Views

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Globalisation

Globalization is a recent concept that implies an opening of the commercial borders between countries. It has been imposed on developing countries by developed ones. It underlies a relation of "win-lose" between Western and Eastern economies. In the case of Morocco, it is a condition given by the United States of America to support Rabat politically. Morocco will in fact be benefiting from globalization; however, it will also suffer from the hidden sides of this concept. Economy is just one side of globalization. In fact, globalization concerns economical, social and cultural aspects, and Morocco is far from benefiting from all these aspects.

Economically, Morocco is making the wrong choice when accepting to step into globalization. In fact, the country agreed on opening its borders gradually until the complete disappearance of taxes in 2010. At first sight, one can say that it will encourage investments in our economy, but what kind of investments will it be? Certainly not high technology. As a consequence, these incoming investments which will mainly use cheap manpower can end with the complete destruction of Morocco's internal

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